Active BE 0474.984.155Private limited company (pre-2019)Open bankruptcy

'T KRANTENHOEKSKE

Visésteenweg 161 ·3770 Riemst, Belgium· 25 yrs active

Sector: Detailhandel in kranten en andere tijdschriften (47621)

Conclusion Checked

A bankruptcy procedure is open for 'T KRANTENHOEKSKE according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €32k and a net result of €6k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€32k
Net result	€6k
Better than sector	86%
Active	25 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

52 / 100

Mixed profile: strong on solvency, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 87

Solvency 99

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

24 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-07-2024 with the NBB · fiscal year 2023 · verkort

RevenueOperating resultNet result

Sector comparison

Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	64.1%	23.1%	better than 86% of 1069 sector peers
Net result	€6k	€25k	better than 35% of 1068 sector peers
Equity	€32k	€132k	better than 30% of 1070 sector peers
Gross operating margin	€8k	€202k	better than 11% of 1068 sector peers
Staff costs	€0	€151k	higher than 5% of 810 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€992k

+0.4% 18-23

EBITDA

€7k

-18.4% 18-23

Net profit

€6k

-5.5% 18-23

Cash flow

€6k

-19.2% 18-23

Total assets

€50k

-50.1% 18-23

Equity

€32k

+20.9% 18-23

Working capital

€32k

-11.3% 18-23

Employees (FTE)

1

-20.0% 18-23

Staff costs

€0

-100.0% 18-23

Income taxes

€0

0.0% 18-23

Debt

€18k

-75.7% 18-23

Debt ≤ 1y

€17k

-72.8% 18-23

Debt > 1y

€7k

+716.9% 18-23

Current ratio

2.85

+81.7% 18-23

Quick ratio

0.60

-25.9% 18-23

Solvency

64.1%

+142.6% 18-23

Debt / equity

0.56

-79.9% 18-23

ROE

17.3%

-21.9% 18-23

ROA

11.1%

+89.6% 18-23

Net margin

-1.3%

+15.7% 18-23

EBITDA margin

-0.4%

- 18-23

Interest coverage

6.32

-5.1% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	verkort
Revenue	-
EBITDA	€7k
Net profit	€6k
Cash flow	€6k
Staff costs	€0
Income taxes	€0
Dividends	-
Total assets	€50k
Equity	€32k
Debt	€18k
of which ≤ 1y	€17k
of which > 1y	-
Working capital	€32k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	2.85
Quick ratio	0.60
Working capital ratio	63.4%
Solvency	64.1%
Debt / equity	0.56
Long-term debt ratio	-
Interest coverage	6.32
Gross margin	-
Net margin	-
ROA	11.1%
ROE	17.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €1k · 2.2% Current assets €49k · 97.8%

Equity & liabilities

Equity €32k · 64.1% Debt €18k · 35.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€50k
Fixed assets	21/28	€1k
Tangible fixed assets	22/27	€1k
Current assets	29/58	€49k
Stocks & contracts in progress	3	€39k
Amounts receivable within one year	40/41	€4k
Cash & bank	54/58	€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€50k
Equity	10/15	€32k
Contributions / capital	10/11	€19k
Reserves	13	€19k
Accumulated profits (losses)	14	€-6k
Amounts payable	17/49	€18k
Amounts payable within one year	42/48	€17k
Trade debts payable within one year	44	€10k
Income statement
Gross operating margin	9900	€8k
Operating result	9901	€7k
Financial income	75	€3
Financial charges	65	€1k
Result before taxes	9903	€6k
Income taxes	67/77	€0
Net result for the period	9904	€6k
Result to be appropriated	9905	€6k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	DIRK VAN COPPENOLLE GENKERSTEENWEG 302, 3500 HASSELT	28-11-2024 → present	Belgian State Gazette
Curator	SOFIE REPRIELS GENKER- STEENWEG 302, 3500 HASSELT	28-11-2024 → present	Belgian State Gazette
Curator	FREDERICK VAN COPPENOLLE GENKERSTEENWEG 302, 3500 HASSELT	28-11-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Detailhandel in kranten en andere tijdschriften(47621)
Legal form	Private limited company (pre-2019)(015)
Incorporation	13-06-2001
Status	Active
Postal code	3770
First BS signal	04-12-2024
Latest BS signal	04-12-2024

Establishment units 1 location

Visésteenweg 161, 3770 Riemst

Detailhandel in brood-, banketbakkerswerk en suikerwerk

since 20012.093.356.802

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73102C0330/00E002	Flanders	284 m²	1 · 134 m²	9.8 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

04-12-2024

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · ’T KRANTENHOEKSKE BV VISESTEENWEG 161, 3770 HERDEREN · event 28-11-2024

26-07-2024